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S&P downgrades ratings of 34 Italian banks

Standard & Poor’s cuts credit ratings of Italian institutions citing concerns over ability to finance given the broader problems facing Italy FT.com – European companies…

S&P downgrades ratings of 34 Italian banks

Standard & Poor’s cuts credit ratings of Italian institutions citing concerns over ability to finance given the broader problems facing Italy FT.com – European companies…

Rothschild loses Mail libel case

Nat Rothschild has lost a libel lawsuit against the publishers of the Daily Mail as a High Court judge found he ‘had not been entirely candid’ about the purpose of…

Alcatel-Lucent

The telephone equipment maker sits uneasily between sector technology leader – Ericsson – and Chinese companies, such as Huawei, that tend to win on cost FT.com – European companies…

Total promises to invest $23bn a year

French oil group has promised to spend more on exploration and production to replace dwindling reserves FT.com – European companies…

Probe reveals scale of Libor abuse

Regulators are investigating how certain traders seemed to influence the movement of benchmark rates to profit from related derivatives FT.com – European companies…

Publicis’ US digital revenues set to overtake traditional media

A quarter of media spending in US goes on digital companies, making it the market which has shifted the most away from TV and print FT.com – European companies…

Daimler

Europe may be teetering on the brink of recession but the Stuttgart-based company gave investors the smoothest of rides on Thursday FT.com – European companies…

Hermès boosted by Asian demand

Sales in Asia and the Americas helped push up operating profit margins significantly, and luxury goods maker predicted sales growth of 10% in 2012 FT.com – European companies…

Freight network chief rails at Europe system

Passenger focus of the continent’s railways is an obstacle to the development of cross-border rail haulage, says DB Schenken head FT.com – European companies…